Layer 2 solutions are protocols or technologies that are developed on an already existing blockchain network with the aim of enhancing its capabilities and efficiency. These solutions are designed to ...

With the growth of dApps, solving scaling issue on Ethereum became urgent. The answer has come in the form of Layer-2 protocols like Arbitrum.

But First, What Is Blockchain? Blockchain is a fundamental concept in understanding the way cryptocurrency works. But it's not only limited to its application in crypto. The blockchain is a database ...

The term Layer 1 refers to the underlying blockchain architecture in the blockchain ecosystem. However, transaction speed suffers when the mainnet gets busy, causing costly transactions to the end ...

Blockchain technology and decentralized apps are getting a lot of attention these days. As interest in cryptocurrencies grows, so does the focus on the Ethereum price and the mechanics of buying and ...

Ethereum ranks as one of the most popular blockchain networks in use today. There is no denying that the site regularly sees thousands of visitors utilizing its services. The total number of ...

Due to Ethereum’s heavy usage, the network has become congested, and a viable solution is needed. Layer 2 solutions help maintain compatibility with Ethereum and make the blockchain cheaper and faster ...

According to data from L2 Beat, there are 118 layer-2 scaling solutions listed for the Ethereum network as of December 2024. As the Ethereum layer-2 (L2) ecosystem continues to expand and encompasses ...

Ethereum’s Dencun upgrade went live on Wednesday, introducing a mechanism to reduce costs associated with transactions on layer 2 solutions that batch and compress transactions before sending them to ...

Key takeaways: Optimism’s (OP) commitment to innovation is highlighted by its support for Layer-3 solutions. These solutions enable the development of decentralized applications (dApps) on top of ...

Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. Real-world assets (RWAs) are redefining the landscape of financial markets and challenging ...